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Help with 4a and 5a, 2018 U.S tax laws apply. If you could provide details on how to reach the answer as well it would

Help with 4a and 5a, 2018 U.S tax laws apply. If you could provide details on how to reach the answer as well it would be much appreciated.image text in transcribedimage text in transcribed

You are working in the accounting department of a mid-sized company (Bespin Tibanna Gas Systems, LLC). As a young staff, one of your first tasks is to manage the fixed assets for the company. Below is a short list of some of the assets. Asset Used Copier New Computer New Delivery Truck (more than 14K lbs.) Furniture Delivery Auto Placed in Service November 12 June 6 October 28 Basis (when placed into service) $7800 14,000 19,000 July 15 January 31 32,000 70,000 4. Assuming the computer is a five-year asset, what would be the deprecation amount for the 4th year (assuming no Sec 179 or 168(k) deprecation was taken). (5pts) 5. Calculate the maximum amount of $179 allowed assuming they meet all of the all requirements for $179 Depreciation. (5pts) You are working in the accounting department of a mid-sized company (Bespin Tibanna Gas Systems, LLC). As a young staff, one of your first tasks is to manage the fixed assets for the company. Below is a short list of some of the assets. Asset Used Copier New Computer New Delivery Truck (more than 14K lbs.) Furniture Delivery Auto Placed in Service November 12 June 6 October 28 Basis (when placed into service) $7800 14,000 19,000 July 15 January 31 32,000 70,000 4. Assuming the computer is a five-year asset, what would be the deprecation amount for the 4th year (assuming no Sec 179 or 168(k) deprecation was taken). (5pts) 5. Calculate the maximum amount of $179 allowed assuming they meet all of the all requirements for $179 Depreciation. (5pts)

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